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BRAIT NEWS ON FASTMOVING

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Brait's struggling UK retailer New Look turning a corner

Brait's struggling UK retailer New Look turning a corner

11/07/2019 - 11:30
Investment holding company Brait says its UK high-street retailer New Look, which was largely responsible for the dismal performance it reported in June, is now better positioned to turn the corner. read more
New Look plans store closures and layoffs

New Look plans store closures and layoffs

08/03/2018 - 11:43
British fashion retail chain New Look has sought approval from its creditors to cut 980 staff and close more than 60 stores after performing poorly as it seeks to amend the terms of its debt. read more
Premier Foods in court fight over use of name

Premier Foods in court fight over use of name

08/08/2017 - 08:46
Premier Foods, in which investment group Brait has a majority stake, is taking Premier Food & Fishing (PFF) to court over the company’s name. read more
Stronger rand takes bite out of Brait’s dividend

Stronger rand takes bite out of Brait’s dividend

13/06/2017 - 14:47
Brait cut its dividend by 42.65% to 78.15c as a stronger rand against the pound and tough retail conditions in the UK took their toll on its net asset value. read more
New Look drags Brait down

New Look drags Brait down

15/02/2017 - 13:31
New Look was the ugly stain in Brait’s trading update for the quarter to December 2016, as the UK clothing retailer’s valuation fell R10bn following a 42% drop in the previous quarter. read more
Brexit weighs on SA trade ties

Brexit weighs on SA trade ties

15/06/2016 - 11:30
Johannesburg - The UK’s possible exit from the EU could prompt a renegotiation of the recently signed EU-Southern African Development Community (SADC) Economic Partnership Agreement (EPA), Willemien Viljoen, a researcher at Trade Law Centre, said yesterday. read more
Did Steinhoff or Brait buy Poundland? - UK

Did Steinhoff or Brait buy Poundland? - UK

15/06/2016 - 11:17
London — Bid hopes sent UK retailer Poundland surging yesterday after a mystery buyer paid a big premium to become the discount retailer’s biggest shareholder. read more
Billionaire Wiese’s UK chains ready for either Brexit outcome

Billionaire Wiese’s UK chains ready for either Brexit outcome

14/06/2016 - 17:04
Johannesburg - British retailers New Look and Iceland Foods and the Virgin Active gym-club chain are prepared for either outcome when the country votes on whether to remain in the European Union next week, according to the head of their South African owner. read more
Brait hunts for sizeable buy with R12bn purse

Brait hunts for sizeable buy with R12bn purse

20/11/2015 - 11:46
Investment company Brait has R12bn in its kitty for a large purchase after an acquisitive half-year. read more
Wiese, others bought shares before R68bn deal

Wiese, others bought shares before R68bn deal

01/12/2014 - 10:19
Johannesburg - Directors in Steinhoff International [JSE:SHF] bought shares in the company shortly before its R68.2bn ($5.7bn) purchase of clothing retailer Pepkor, regulatory filings show. read more
Premier Foods seeks more acquisitions in Southern Africa

Premier Foods seeks more acquisitions in Southern Africa

24/10/2014 - 11:49
Investment company Brait said on Wednesday its subsidiary, Premier Foods, was looking to make more acquisitions in Southern Africa to build more scale. read more